Vietnam's commodity exports: Current situation and recommendations

Exports have played an important role in promoting economic growth. In recent years, Vietnam's exports have grown strongly. In 2024, Vietnam continued to record many important achievements in export activities, including stable growth in export turnover, making good use of free trade agreements and maintaining a surplus trade balance. According to the Strategy for Import and Export of Goods to 2030, Vietnam aims for an average export growth rate of 6-7%/year in the period 2021-2030, of which the average export growth rate in the period 2021-2025 is 8-9%/year; the average growth rate in the period 2026-2030 is 5-6%/year. The paper assesses the current situation of Vietnam's goods exports in recent times and proposes a number of recommendations to further increase Vietnam's goods export turnover in the coming time.

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Publication Details

Journal
Journal of Finance & Accounting Research
Published
2025-02-01
DOI
https://doi.org/10.71374/jfar.v25.i1.23
Primary Topic
Global trade and economics
Type
article
Field-Weighted Citation Impact
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article

Vietnam's commodity exports: Current situation and recommendations

Thi Phuong Dung Ha
Journal of Finance & Accounting Research
Global trade and economics
article

Vietnam's commodity exports: Current situation and recommendations

Thi Phuong Dung Ha
article en

Abstract

Exports have played an important role in promoting economic growth. In recent years, Vietnam's exports have grown strongly. In 2024, Vietnam continued to record many important achievements in export activities, including stable growth in export turnover, making good use of free trade agreements and maintaining a surplus trade balance. According to the Strategy for Import and Export of Goods to 2030, Vietnam aims for an average export growth rate of 6-7%/year in the period 2021-2030, of which the average export growth rate in the period 2021-2025 is 8-9%/year; the average growth rate in the period 2026-2030 is 5-6%/year. The paper assesses the current situation of Vietnam's goods exports in recent times and proposes a number of recommendations to further increase Vietnam's goods export turnover in the coming time.

Journal of Finance & Accounting Research
Openalex Percentile: Top 95%
Global trade and economics
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